Here Is How Powerful FuelCell Energy Inc. (NASDAQ: FCEL) Stock Is
Tuesday, 21 June 2022, 13:30:00
The trading price of FuelCell Energy Inc. (NASDAQ:FCEL) closed higher on Friday, June 17, closing at $3.46, 6.46% higher than its previous close. >> 5 Best Growth Stocks for 2022 << >> 5 Best Growth Stocks for 2022 << Traders who pay close attention to intraday price movement should know that it fluctuated between $3.27 … Here Is How Powerful FuelCell Energy Inc. (NASDAQ: FCEL) Stock Is Read More »
— Stocks Register
Why FuelCell Energy Is Not a Buy After Q2 Earnings
Friday, 17 June 2022, 14:10:43
FuelCell Energy (NASDAQ: FCEL ) stock, “a global leader in manufacturing stationary fuel cell energy platforms for decarbonizing power and producing hydrogen through its proprietary, state-of-the-art fuel cell technology to enable a world empowered by clean energy” announced second-quarter 2022 financial results on June 9 , a material event that should have move FCEL stock. Does these earnings confirm a bottom has been made for shares of FuelCell Energy in 2022? The stock made a bottom in May at near $3 a share and ever since has made a rally of nearly 29%. Still, this rally only trimmed year-to-date losses that are now approximately 22%. I am bearish on FCEL stock, here is why. FCEL FuelCell Energy $3.25 Will FCEL Stock Go Up? In first-quarter 2022, FuelCell Energy reported mixed results. EPS normalized number of -$0.08 was in-line. EPS GAAP of -$0.08 figure was a miss by -$0.03. The revenue figure of $31.80 million was a beat by $5.53 million. 7 Tempting Tech Stocks to Pull the Trigger on Now If FCEL stock is to go up following the Q2 earnings, it should deliver a positive surprise on both EPS and on revenue.
Confident Collaborations Aren’t Enough to Power FuelCell Energy Stock
Friday, 17 June 2022, 00:46:36
FuelCell Energy (NASDAQ: FCEL ) is an ambitious provider of environmentally friendly fuel-cell systems. It’s encouraging to see FuelCell Energy partnering with premier businesses to accelerate clean-energy initiatives. At the same time, cautious investors should stay away from FCEL stock until the company improves its financials. Russia’s invasion of Ukraine has compelled some nations and businesses to consider a faster transition to cleaner fuel sources. As fossil fuels become increasingly expensive, FuelCell Energy could be poised to benefit in the coming months and years. In that vein, FuelCell Energy seems quite confident of its growth story as the company partners with top-tier clean-energy-focused businesses. Nevertheless, a risk-off stance is wise as FuelCell Energy still has to “solve the solvency problem,” so to speak. Ticker Company Current Price FCEL FuelCell Energy $3.20 What’s Happening With FCEL Stock? The best way to describe FCEL stock’s price action in 2022 so far is volatile but generally negative.
5 Hydrogen Stocks to Buy Before They Head Higher
Thursday, 16 June 2022, 13:30:56
Our topic for today is hydrogen stocks are the trading vehicles for companies that produce, use, transfer, or market hydrogen as a source of energy. According to the Department of Energy , “Hydrogen can be produced from diverse, domestic resources. Currently, most hydrogen is produced from fossil fuels, specifically natural gas. Electricity…is also currently used to produce hydrogen. In the longer term, solar energy and biomass can be used more directly to generate hydrogen.” We mostly rely on “grey hydrogen,” which is produced from natural gas. On the other hand, when Wall Street refers to green hydrogen, it means that the hydrogen has been produced on a carbon-neutral manner. More nations have been committing to achieve net zero emission levels by 2050, but analysts suggest the pace is not fast enough. According to the International Energy Agency (IEA), yearly spending should triple to $4 trillion dollars by 2030, in order to achieve net zero by 2050 goal. Therefore, hydrogen is a potential green alternative to conventional fuels.
FuelCell (FCEL): Dead Cat Bounce
Wednesday, 15 June 2022, 09:34:40
FuelCell remains a questionable green energy stock. It has been in red since its incorporation in 1969 and IPO in 1992. Click here to know why I give a Sell rating to FCEL stock.
— Seeking Alpha
We recommend that you check out Capital.com as they have a very good selection of stocks available for both going short and long.